Barcelona collects 105 million in just two hours.

Today, Friday, FC Barcelona announced its success in raising €105 million through the issuance of secured bonds maturing in October 2036 with a fixed yield of 5.14%.

“I mentioned”AS newspaperBarcelona will use the funds raised to improve the club’s cash flow, in addition to implementing its strategic plan for growth and financial stability in the coming years.

Goldman Sachs Bank assumed the role of lead manager and entity responsible for the marketing and issuance of these bonds, which have a 10-year maturity, while the entire sales process was completed within just two hours of its offer to investors.

The Catalan club explained that the process was in great demand from international investors, especially from the United States of America, where the volume of demand exceeded more than double the value of the amount offered, with a subscription rate exceeding 200%.

Barcelona added that the entire cost of the issue was covered in less than two hours by a group of US institutional investors, which includes insurance companies, mutual funds and pension funds.

The club confirmed that the success of this operation reflects the confidence of the financial markets in the Barcelona project and its strategic plan, noting that the risk margin required by investors has decreased from 240 basis points in the previous version to 202 basis points in the current version, which the club sees as an indicator of the improved outlook of its financial position.

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